How To Set Up A Business Or Startup

November 17, 20222 Minutes
Success Stories

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Every entrepreneur's "dream" is, without a doubt, to run a successful business. Most of the time, it goes something like this in their minds: You will be very successful if you have an idea, start a business, get customers, and then grow quickly.

But it's not usually that easy in real life. Building a business isn't easy and takes a lot of hard work. But it doesn't have to be impossible if you have a well-thought-out plan. Your business plan can put you on the road to success if you plan it carefully and carry it out well.

The key is to think things through and build something on a solid base that won't fall apart when bad things happen. Every business needs a solid base to stand on. It's essential to have many of these things in place early on, like your website, business plan, and online marketing.

  1. Start with your passion:

    The startup world is not for the weak of the heart; if you don't care about what you're doing, everyone will know it. If your main goal is to make money, everyone will know it. Passion doesn't guarantee success, but not having it makes it likely that you'll fail.

  2. Have a Realistic Plan:

    Stretch goals are a great way to get people excited, but they usually can't be reached in the future. Instead, entrepreneurs would do better to have a business plan with reasonable and doable milestones. The milestones could be as easy as getting enough money, hiring the best people, and growing reasonably. These are goals that can get you where you want to go.

  3. Solve a real problem with your product:

    Too many businesses fail because they tried to solve a problem they thought existed. Figure out what you'll be selling, who you'll be selling it to, and how you'll be selling it. Make sure the market for your product or service is big enough that you only need to sell to a small part of it to be successful.

  4. Build an inner circle:

    Find ways to connect with people who are leaders in the field you want to be in and build a close group of people you trust. To help you make decisions, you'll need to have a lot of years of experience on speed dial.

  5. Have a business website and use social media:

    If you want to reach your goal, you have to be online. Your website will connect you with customers who live thousands of miles away.

  6. Put together a strong team:

    Make sure to find the right people with the skills your company needs right now. Make sure to add people in a smart way, and don't feel rushed to fill positions on time. Glow & Lovely Careers (formerly known as Fair & Lovely Career Foundation) provides great tips, courses and guidance. If you plan to start your own business, check them out here.

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What happens when an ambitious young woman is matched with an equally ambitious and empowering platform? You get a woman who can fully realize her potential. Garima Gupta is an excellent example of this very combination. Garima is a B.Com student from Mandi Dabwali, Haryana, and her story is one that might be relatable and motivating to a lot of young women from smaller towns of the country. When you ask what is the biggest problem for women from smaller towns when it comes to figuring out career opportunities and choices, a lot of them would agree with what Garima has to say. "Lack of resources and guidance have been the biggest challenges I have had to deal with, along with some transportation issues." A lot of women do not even entertain the idea of working because of transportation issues. It is a very real and common problem. But with the age of the internet firmly upon us, we do have a few resources that can remedy such situations. Garima may be young but she is resourceful, aware, and ambitious. She did not want any hurdle to come between her and her ambitions. "That is why I was looking for an online portal that would help me through my Bank PO exam preparation while avoiding the need to travel." Garima did her research and came across Glow \& Lovely Careers (formerly known as Fair \& Lovely Career Foundation). Here she was able to access free online mock tests that would help her in her exam preparations. Says Garima, "Through the mock tests available on Glow and Lovely Careers (formerly known as Fair and Lovely Career Foundation), I could solve diverse questions and with the help of the online English courses, I am now confident about my interview preparation." Garima was looking to improve and polish her English for bank exams as she saw this as an important part of her preparation. Once she found the platform that would help her with online tests for banking, there was no looking back. Garima has put in a lot of hard work and preparation, utilizing the free online tests for bank exams to prepare thoroughly and give herself the best possible chance for success. "Online portal helped me through my pre and post-exam preparation." If you too want to create opportunities for yourself but feel limited because the place you live in does not allow for easy travel, you should consider utilizing online platforms like Glow and Careers to maximize your potential. Such a platform helps you prepare for the exams that will allow you to pursue a career that is suitable for you. Free online courses such as [English for bank exams](https://www.glowandlovelycareers.in/en/online-courses/filters?fields=english) can help you not only prepare for exams but also boost your confidence in yourself and your ability. You can use your preparation in English to further help you in mock tests in the bank exam series which is also available on Glow and Lovely Careers. If you want to read about more inspirational stories like Garima's, head to the [Glow and Lovely Careers website](https://www.glowandlovelycareers.in/en/students-success-stories) for more motivation.

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How to Prepare Effectively for the IBPS Bank SO Exam?

IBPS or the Institute of Banking Personnel Selection is an independent organization which conducts online exams to recruit officers, clerks and trainees in public sector banks in India. Public Sector Banks are those that are owned by the government of India such as State Bank of India, Bank of Baroda, Punjab National Bank etc. The IBPS SO (Specialist Officer) exam is one that is conducted on a yearly basis to recruit officers to specific fields like IT, HR, marketing, law, within the Public Sector Banking Sector. Because the fields for which recruitment is conducted are so specific, the exam is conducted in two phases, the first phase or the Preliminary exam is where a common aptitude test is conducted and the second phase or the Main exam is where field specific professional knowledge is tested. To ace these exams it is necessary that you practice as many bank SO mock tests as possible so that you get used to the pattern. The benefit of this bank exam is that it gives you an opportunity to work in a field of your choice. There are multiple posts for which the SO exam is conducted. Some of these are: • Agriculture Field Officer • Marketing Officer (Scale I) • HR/Personnel Officer • IT Officer Scale I • Law Officer • Rajbhasha Adhikari Scale I For each of these positions, you are required to have related qualifications. There will be a professional test held in the SO Main Exam which will have questions pertaining to the field that you have applied for. On the Glow \& Lovely Careers (formerly known as Fair \& Lovely Career Foundation) website, you can find a number of [free mock tests for the Bank SO exam](https://www.glowandlovelycareers.in/en/online-tests/banking-and-insurance/testbook/584ff379e9f131060a2edbfd/bank-so), with questions prepared by experts in the field. Practice these online tests to ensure success in the final exam. <br /> <br />